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Dodd's question and Elizabeth Warren's chances

July 20, 2010 - Mike Maneval

Washington, D.C. and the national punditry are abuzz about whether the Obama administration will select Elizabeth Warren, in the words of the Washington Post's Neil Irwin the "chief watchdog of the financial bailout," to direct the Consumer Financial Protection Bureau created under the financial reform package. Irwin, in a blog post, lists four public figures and alludes to a petition initiated by activists as part and parcel of the very-public case being made for Warren.

One of the four public figures is Ezra Klein, also of the Washington Post, who argues Warren's high profile will enable to recruit a quality of talent the new agency may otherwise miss out on. Matthew Yglesias of the Center of American Progress agrees with Klein's point, as does Paul Krugman of the New York Times. And as Irwin concedes and Annie Lowery boasts for the Washington Independent, Warren pioneered the concept of the oversight bureau from the beginning. Warren "is, bar none, considered the foremost mind on the topic," Lowery writes.

Irwin still expresses concerns that Warren's resume is light on managing staff, a key component. But what may more effectively dowse cold water on the hopes of Irwin's noted petitioners is a statement by Sen. Chris Dodd, D-Conn., on Monday to The Hill's Michael O'Brien: "The question is, 'Is she confirmable?' And there's a serious question about it." 


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